Boingo has 71 live DAS venues
Wireless infrastructure provider Boingo Wireless has deployed a total of two new distributed antenna systems (DAS) during the third quarter of the year, the company said in a statement.
The firm also said that the deployments were carried out in partnership with Tier 1 carriers.
With these new additions, Boingo Wireless ended September with 71 live DAS venues comprised of 37,200 DAS nodes and an additional 12,100 nodes in backlog.
Boingo’s CEO Mike Finley said during a conference call with investors that the company has another 62 DAS venues in the pipeline, including major projects like the MTA Long Island Railroad and Grand Central Terminal East Side Access in New York City.
“These are substantial multiyear projects and construction on both projects is progressing nicely. Speaking of new builds, construction is now complete on the brand new, Louis Armstrong New Orleans International Airport and we’re very excited to be a part of the ribbon cutting ceremony today. This $1 billion project will feature a brand-new Boingo managed and operated DAS and WiFi network to improve the passenger experience and show off the spirit of New Orleans,” he said.
“We further believe that our deep DAS experience, coupled with our wireless and large indoor venues, positions Boingo in a unique way, to take advantage of the coming 5G revolution,” Finley added.
During the quarter, Boingo also launched neutral-host, 5G-ready cellular DAS and carrier offload enabled Wi-Fi networks at the new Louis Armstrong New Orleans International Airport (MSY).
Boingo also said that it is partnering with Verizon Communications to develop a hyper-dense 5G Ultra-Wideband network for indoor venues, including Soldier Field in Chicago, as part of Verizon’s ongoing 5G network expansions.
Revenue from the DAS segment accounted for 37% of Boingo Wireless overall revenue in the third quarter of the year, down from a contribution of 38% in the year-ago period, CFO Peter Hovenier said in a conference call with investors.
DAS revenue totaled $23.7 million in Q3, down 2.9% compared to the third quarter of 2018. DAS revenue for the quarter was comprised of $13.4 million of build-out project revenue and $10.3 million of access fee revenue
Boingo also provides a range of services including Wi-Fi and TV for service men and women living in military barracks throughout the U.S. and in South Korea and Japan. The company’s military subscriber base totaled 137,000 subscribers at the end of the third quarter.